Cryptocurrencies
The new Bitcoin? Apple, Tesla, Facebook, Amazon, Netflix, Google in blockchain trade - Is this the next big thing in the crypto world?
Tue, Jan 08, 2019
An exchange named as DX.Exchange is offering digital stocks apart from major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.
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Wow! WhatsApp will soon allow money transfer using cryptocurrency - What Facebook is working on
Fri, Dec 21, 2018
The sources added that Facebook is far from releasing the coin, because it is still working on the strategy, including a plan for custody assets, or regular currencies that would be held to protect the value of the stablecoin.
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Goldman drops bitcoin trading plans for now: Business Insider
Wed, Sep 05, 2018
The virtual currency can be used to move money around the world quickly and with relative anonymity, without the need for a central authority, such as a bank or government. A fund holding the currency could attract more investors and push its price higher.
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What are crypto tokens, the money substitute India set to get?
Fri, Aug 10, 2018
The government is considering launching crypto tokens for financial transactions in the country, even as the existing ban on cryptocurrencies is likely to continue, sources said. A committee studying the use of crypto assets is working on a set of regulations, and specific actions, including a roadmap for allowing cryptocurrencies in future.
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India to get a cryptocurrency all its own? See what is in offing soon
Mon, Aug 06, 2018
According to the sources, the blueprint of the native virtual currency will be prepared by September 2018 and the final guidelines related to the cryptocurrency will be released by the first week of September.
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Bitcoin Believer? Cryptocurrencies banned in India; SC hammers in last nail in coffin
Wed, Jul 04, 2018
In a circular dated April 6, RBI had said entities regulated by it have been prohibited from “providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to purchase or sale of virtual currencies”. Three months’ time was given to the entities already providing such services to stop their activity.
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Bitcoin plunges to under $7,000 after hack in South Korean cryptocurrency exchange; should you still invest?
Mon, Jun 11, 2018
Bitcoin, which beat out a new path for cryptocurrency market by touching the $20,000-level, has been crawling to survive between $8,000 to $7,000 over the last month.
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Cryptocurrencies tumble in Asia today after South Korea exchange hack
Mon, Jun 11, 2018
Cryptocurrencies have plunged since the end of 2017, when bitcoin hit a record high near USD 20,000, having surged from less than USD1,000 just 11 months earlier. The unit is now worth around USD 6,780. South Korea is one of the biggest markets for trading in digital currencies but the boom in their popularity has forced the government to tighten regulations, following similar moves in other countries.
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UK watchdog says licence needed to trade cryptocurrencies
Fri, Apr 06, 2018
Britain`s financial watchdog said on Friday that firms offering services linked to cryptocurrency derivatives must meet all relevant rules in the regulator`s handbook or could face sanctions. The Financial Conduct Authority (FCA) does not currently regulate cryptocurrencies.
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Cryptocurrencies: G20 watchdog focuses on rules review, holds fire on virtual currencies like Bitcoin
Sun, Mar 18, 2018
Cryptocurrencies: US President Donald Trump ordered American regulators last year to scale back on post-crisis banking and derivatives reforms to encourage more lending to the economy. The move led to fears among regulators around the world that the United States, where lawmakers have long been lukewarm towards global regulatory bodies, would turn its back on international cooperation and fragment markets.
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HDFC Bank credit cards banned for Bitcoin purchases, but are cryptocurrencies players worried? Find out
Wed, Mar 14, 2018
HDFC Bank credit cards banned for Bitcoin purchases: Global banking giants are already moving fast to secure competitive advantage in this space. In February, a Goldman Sachs backed start-up, Circle, acquired Poloniex, a digital token exchange, for $400 million. JP Morgan has created Quorum, an enterprise focused version of Ethereum.
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Japan to urge G20 for steps to prevent cryptocurrency use for money laundering
Tue, Mar 13, 2018
Cryptocurrencies: The Paris-based Financial Action Task Force (FATF), a 37-nation group set up by the G7 industrial powers to fight illicit finance, will report to the G20 its findings on ways to keep cryptocurrencies from being used for money laundering.
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